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TOP NEWS
Arete Wealth, GC Can't Slip SEC Claims In Offering Fraud Suit
By Katryna Perera
The U.S. Securities and Exchange Commission can move forward with its case against a broker-dealer and its former general counsel and chief compliance officer over an allegedly fraudulent stock offering by a "sham" energy company that Arete representatives sold, an Illinois federal judge ruled Thursday, while dismissing some claims related to off-channel communications and settlement releases, among other things.
Opinion attached |
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POLICY & REGULATION
ENFORCEMENT
LITIGATION
EXPERT ANALYSIS
Series
Playing Piano Makes Me A Better Lawyer
Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.
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LEGAL INDUSTRY
When Murder Charges Reach People Who Didn't Kill
By Marco Poggio
Felony murder murder charges permit people to be convicted of murder, even when they neither killed nor intended to kill. Critics say the charges drive excessive sentences, and a wave of reconsideration in courts and legislatures have led states like California to narrow their reach, while others are weighing whether the long prison terms tied to them are constitutional.
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Katten Pushes For Atty Immunity To Non-Clients' Suit In Texas
By Lynn LaRowe
Katten Muchin Rosenman LLP is asking the Texas Supreme Court to shut down a state court lawsuit brought by co-defendants of a client they successfully represented in a federal criminal investigation over alleged healthcare fraud, saying lower courts that refused to dismiss are seeking to limit the state's "hundred-year-old doctrine" of attorney immunity.
Petition attached |
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
A proxy season preview report showed that nearly three-quarters of shareholder proposals for annual corporate meetings among Russell 3000 companies this year have gone to a vote. The U.S. Department of Labor unveiled the details of a long-awaited proposed rule to replace a previous administration's regulation outlining how to decide if a worker is an employee or independent contractor. These are among the stories in corporate legal news you may have missed in the past week.
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